Helen Kirrane of This is Money replies: Premium Bonds are loved by millions of savers for their lottery-style monthly draw in which two savers win £1million, as well as millions of other cash prizes ...
Andrew Hagger said: 'While the capital sum is safe in Premium Bonds, over time the value of the bonds will be eroded by inflation, so a better option is to consider paying money into a Junior Isa ...
I am holding on to mine, at least for now - though I would have done better putting the money into my cash Isa given my winnings over the past year. Here's why....read We dig into Premium Bonds ...
“Most people should be looking at putting money in cash ISAs first because, with typical luck, you will win substantially more in a top one-year fix than you would in Premium Bonds and you’d ...